Civic Intelligence

Signal Return Inc.

990 • Fiscal year 2021 • EIN 45-2694042

Jul 01, 2020 to Jun 30, 2021 • Filed on Apr 27, 2022

1345 Division Street No 102Detroit, MI 48207-2639

(313) 567-8970

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

76th percentile

0.08x

Higher debt load relative to assets than 76% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

80th percentile

0.11x

Higher debt load relative to revenue than 80% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

78th percentile

35%

Higher net margin than 78% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

92nd percentile

$48,845

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 18.7% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

76th percentile

38%

Faster asset growth than 76% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

36th percentile

-13%

Faster revenue growth than 36% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$347,896

Up $95,608 (+38%) from 2020

Net Assets

Up

$320,202

Up $92,712 (+41%) from 2020

Liabilities

Up

$27,694

Up $2,896 (+12%) from 2020

Revenue

Down

$261,758

Down $38,669 (-13%) from 2020

Expenses

Down

$169,046

Down $35,764 (-17%) from 2020

Net Income

Down

$92,712

Down $2,905 (-3.0%) from 2020

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0Assets 2013: $79,273Liabilities 2013: $02013Assets 2014: $12,130Net Assets 2014: $12,1302014Assets 2015: $8,594Net Assets 2015: $8,5942015Assets 2016: $19,231Net Assets 2016: $19,2312016Assets 2017: $135,315Liabilities 2017: $705Net Assets 2017: $134,6102017Assets 2018: $137,794Liabilities 2018: $7,617Net Assets 2018: $130,1772018Assets 2019: $137,638Liabilities 2019: $5,765Net Assets 2019: $131,8732019Assets 2020: $252,288Liabilities 2020: $24,798Net Assets 2020: $227,4902020Assets 2021: $347,896Liabilities 2021: $27,694Net Assets 2021: $320,2022021Assets 2022: $373,470Liabilities 2022: $8,184Net Assets 2022: $365,2862022Assets 2023: $913,733Liabilities 2023: $10,854Net Assets 2023: $902,8792023Assets 2024: $1,102,915Liabilities 2024: $195,069Net Assets 2024: $907,8462024

Highlighted filing

2021

Assets$347,896
Liabilities$27,694
Net Assets$320,202

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KRevenue 2013: $199,629Expenses 2013: $170,031Net Income 2013: $29,5982013Revenue 2014: $149,461Expenses 2014: $222,452Net Income 2014: -$72,9912014Revenue 2015: $123,297Expenses 2015: $126,833Net Income 2015: -$3,5362015Revenue 2016: $186,801Expenses 2016: $176,164Net Income 2016: $10,6372016Revenue 2017: $274,139Expenses 2017: $234,163Net Income 2017: $39,9762017Revenue 2018: $192,984Expenses 2018: $197,417Net Income 2018: -$4,4332018Revenue 2019: $210,884Expenses 2019: $209,188Net Income 2019: $1,6962019Revenue 2020: $300,427Expenses 2020: $204,810Net Income 2020: $95,6172020Revenue 2021: $261,758Expenses 2021: $169,046Net Income 2021: $92,7122021Revenue 2022: $305,306Expenses 2022: $260,222Net Income 2022: $45,0842022Revenue 2023: $801,120Expenses 2023: $263,527Net Income 2023: $537,5932023Revenue 2024: $327,321Expenses 2024: $322,354Net Income 2024: $4,9672024

Highlighted filing

2021

Revenue$261,758
Expenses$169,046
Net Income$92,712
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Apr 27, 2022
Return Version
2020v4.2
Gross Receipts
$261,758
Mission and Program Overview

Mission

The organization's mission is: 1. To serve the greater community with the commerce of print and type 2. To connect visiting artists, authors and designers to a local hive of production 3. To teach hands-on experience in printing and typography to a wide demographic 4. To produce relevant, challenging and beautiful work

The organization is a detroit community arts education center dedicated to the preservation of the art and craft of letterpress printing

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$99,071$157,693▲ $58,622
Cash and Non-Interest-Bearing Accounts$102,728$144,528▲ $41,800
Land, Buildings, and Equipment, Net$46,789$41,975▼ $4,814
Total Assets$252,288$347,896▲ $95,608
Other Assets Total$3,700$3,700→ $0
Liabilities
Unsecured Notes Loans Payable$24,575$23,295▼ $1,280
Accounts Payable and Accrued Expenses$223$4,399▲ $4,176
Total Liabilities$24,798$27,694▲ $2,896
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$186,615$221,327▲ $34,712
Net Assets With Donor Restrictions$40,875$98,875▲ $58,000
Total Net Assets Fund Balance$227,490$320,202▲ $92,712
Total Liabilities and Net Assets / Fund Balance$252,288$347,896▲ $95,608

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$25,070$57,973$83,043
Equipment$16,905$19,941$36,846
Other Land Buildings$0$6,239$6,239
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Lynne AvadenkaArtistic DirectorFT$48,845$48,845

Board Members and Trustees

NameTitle
Erica BattleChair
Anne RuffleyDirector
Chantel RushDirector
Gretchen ValadeDirector
Karl DornDirector
Marc SchwartzDirector
Mary TrybusDirector
Michelle AndonianDirector
Peter FalzonDirector
Ronica DharDirector
Stephen Mack JonesDirector
Toby BarlowDirector
Ben BatorSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$195,240
Program Service Revenue
$18,077
Investment Income
$0
Other Revenue
$48,441
All Other Contributions
$157,540
Change in Net Assets
$92,712
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$100,797
Other Expenses$68,249
Total Fundraising Expense$7,891
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$43,128$8,086$2,695$53,909
Other Salaries and Wages$31,308$5,871$1,956$39,135
Occupancy$21,715--$21,715
Depreciation Depletion$9,814--$9,814
Payroll Taxes$6,202$1,163$388$7,753
All Other Expenses$3,264$1,401$2,170$6,835
Fees for Services Other$5,820--$5,820
Other Expenses$5,137--$5,137
Fees for Services Accounting$3,913$734$244$4,891
Insurance$3,165$593$197$3,955
Fees for Services Legal$741$139$45$925
Office Expenses$197$196$196$589
Advertising$415--$415
Total Functional Expenses$142,972$18,183$7,891$169,046
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The executive committee of the board of directors, along with the artistic director, reviews form 990 prior to filing.

Form 990, Part VI, Section B, Line 12C

Officers and directors are required to disclose annually any interest that could give rise to potential conflict.

Form 990, Part VI, Section B, Line 15A

The executive committee reviews annual compensation and determines the proper level of compensation for the organization's artistic director.

Form 990, Part VI, Section C, Line 19

Financial information is available upon request and is accessible through guidestar.

Filing and Contact Details

Filer

Filer Name
Signal Return Inc
EIN
45-2694042
Phone
3135678970
Address
1345 DIVISION STREET NO 102, DETROIT, MI 48207-2639

Signing Officer

Name
Lynne Avadenka
Title
Artistic Director
Phone
3135678970
Signed
2022-04-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lynne Avadenka
Formed
2014
Legal Domicile
Mi
Voting Board Members
13
Independent Board Members
13
Employees
3
Volunteers
5

Preparer

Firm
George Johnson & Company
Address
1200 BUHL BUILDING 535 GRISWOLD, DETROIT, MI 48226-3689
Preparer
Michael R Nicholas
Phone
3139652655
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IRS990/OtherRevenueMiscGrp/BusinessCd0611600
IRS990/OtherRevenueMiscGrp/Desc0MANAGEMENT SERVICES
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt048000
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt048000
IRS990/OtherRevenueTotalAmt048441
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt01956
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt05871
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt031308
IRS990/OtherSalariesAndWagesGrp/TotalAmt039135
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt0388
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01163
IRS990/PayrollTaxesGrp/ProgramServicesAmt06202
IRS990/PayrollTaxesGrp/TotalAmt07753
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0LYNNE AVADENKA
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1611600
IRS990/ProgramServiceRevenueGrp/Desc0PRINTING
IRS990/ProgramServiceRevenueGrp/Desc1WORKSHOPS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt016327
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11750
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt016327
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11750
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0222881
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt077306
IRS990/PYOtherRevenueAmt048060
IRS990/PYProgramServiceRevenueAmt029486
IRS990/PYRevenuesLessExpensesAmt095617
IRS990/PYSalariesCompEmpBnftPaidAmt0127504
IRS990/PYTotalExpensesAmt0204810
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0300427
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt092712
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt066518
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER REVENUE - 2019 AMOUNT: $ 60. 2020 AMOUNT: $ 441.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0195240
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0222881
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0124003
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0125625
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0206309
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0874058
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0125635
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0441
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt060
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0501
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.67400
IRS990ScheduleA/PublicSupportPY170Pct00.66070
IRS990ScheduleA/PublicSupportTotal170Amt0589454
IRS990ScheduleA/SubstantialContributorsTotAmt0284604
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0195240
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0222881
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0124003
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0125625
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0206309
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0874058
IRS990ScheduleA/TotalSupportAmt0874559
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt016905
IRS990ScheduleD/EquipmentGrp/DepreciationAmt019941
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt036846
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt025070
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt057973
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt083043
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt06239
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt06239
IRS990ScheduleD/TotalBookValueLandBuildingsAmt041975
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS, ALONG WITH THE ARTISTIC DIRECTOR, REVIEWS FORM 990 PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OFFICERS AND DIRECTORS ARE REQUIRED TO DISCLOSE ANNUALLY ANY INTEREST THAT COULD GIVE RISE TO POTENTIAL CONFLICT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE EXECUTIVE COMMITTEE REVIEWS ANNUAL COMPENSATION AND DETERMINES THE PROPER LEVEL OF COMPENSATION FOR THE ORGANIZATION'S ARTISTIC DIRECTOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FINANCIAL INFORMATION IS AVAILABLE UPON REQUEST AND IS ACCESSIBLE THROUGH GUIDESTAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0465517246
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0MI
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/OwnershipPct01.00000
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0RETAIL - GIFT SHOP
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0DIVISION EDITION INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ShareOfEOYAssetsAmt016149
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ShareOfTotalIncomeAmt034429
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt01345 DIVISION STREET SUITE 102
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0DETROIT
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0MI
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd0482072639
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt036000
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt112000
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0FACILITY COST ALLOCATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1MANAGEMENT COST ALLOCATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0DIVISION EDITION INC

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